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Enbridge

944 hedge funds and large institutions have $31.1B invested in Enbridge in 2020 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 310 increasing their positions, 389 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more call options, than puts

Call options by funds: $278M | Put options by funds: $221M

5% more funds holding in top 10

Funds holding in top 10: 4244 (+2)

1.49% less ownership

Funds ownership: 54.01%52.52% (-1.5%)

2% less funds holding

Funds holding: 966944 (-22)

6% less capital invested

Capital invested by funds: $33.3B → $31.1B (-$2.16B)

20% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 82

20% less repeat investments, than reductions

Existing positions increased: 310 | Existing positions reduced: 389

Holders
944
Holders Change
-22
Holders Change %
-2.28%
% of All Funds
19.05%
Holding in Top 10
44
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+4.76%
% of All Funds
0.89%
New
66
Increased
310
Reduced
389
Closed
82
Calls
$278M
Puts
$221M
Net Calls
+$56.7M
Net Calls Change
-$34.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$4.34B -$117M -3,731,208 -2%
Capital International Investors
2
Capital International Investors
California
$2.5B -$400M -12,700,350 -13%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.94B -$22.6M -718,605 -1%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$1.48B +$63.7M +2,023,384 +4%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$997M -$281M -8,921,265 -21%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$857M +$64.8M +2,058,013 +8%
Manulife (Manufacturers Life Insurance)
7
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$845M +$227M +7,220,481 +33%
JFL
8
Jarislowsky, Fraser Ltd
Quebec, Canada
$789M +$53.1M +1,687,560 +7%
Caisse de Depot et Placement du Quebec (CDPQ)
9
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$722M -$148M -4,688,000 -16%
Bank of Nova Scotia
10
Bank of Nova Scotia
Ontario, Canada
$638M +$24.5M +778,149 +4%
CIBC Asset Management
11
CIBC Asset Management
Ontario, Canada
$631M +$37.5M +1,191,599 +6%
CIBC World Market
12
CIBC World Market
Ontario, Canada
$589M +$11.1M +353,626 +2%
Norges Bank
13
Norges Bank
Norway
$554M +$3.1M +98,507 +0.5%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$537M -$45.1M -1,432,055 -7%
Legal & General Group
15
Legal & General Group
United Kingdom
$531M +$7.07M +224,797 +1%
Deutsche Bank
16
Deutsche Bank
Germany
$445M -$209M -6,627,906 -30%
Canada Life
17
Canada Life
Manitoba, Canada
$419M -$35.8M -1,138,987 -7%
Mackenzie Financial
18
Mackenzie Financial
Ontario, Canada
$402M +$14.5M +459,705 +3%
Fidelity International
19
Fidelity International
Bermuda
$388M -$15.7M -498,132 -4%
Toronto Dominion Bank
20
Toronto Dominion Bank
Ontario, Canada
$345M -$36.2M -1,149,601 -9%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$303M +$30M +952,488 +10%
Blackstone Inc
22
Blackstone Inc
New York
$288M +$8.2M +260,658 +3%
TCA
23
Tortoise Capital Advisors
Kansas
$279M -$5.32M -169,090 -2%
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$277M -$102M -3,251,820 -26%
Capital World Investors
25
Capital World Investors
California
$277M -$36.2M -1,149,552 -11%

ENB Hedge Fund Activity: Q3 2020 in Review

944 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Enbridge (ENB) for Q3 2020, worth a combined $31.1B — down 6.5% from $33.3B a quarter earlier.

Sellers outnumbered buyers: 82 funds closed out of ENB and 66 opened new positions — a net loss of 16 holders — while 389 trimmed existing stakes and 310 added.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $227M. The largest seller was Capital International Investors, cutting an estimated $400M.

  • 944 institutional investors held Enbridge (ENB) as of Q3 2020, down from 966 in Q2 2020.
  • Funds reported $31.1B of Enbridge stock for Q3 2020, down 6.5% quarter-over-quarter.
  • 66 funds opened new Enbridge positions in Q3 2020 and 82 closed out, a net change of -16 holders.
  • The largest Enbridge buyer in Q3 2020 was Manulife (Manufacturers Life Insurance), an estimated $227M added.
  • The largest Enbridge seller in Q3 2020 was Capital International Investors, an estimated $400M sold.

Based on aggregated 13F filings for Q3 2020.